Day: October 26, 2021

Bookkeeping

R&D Capitalization vs Expense How to Capitalize R&D

Clarification of Acceptable Methods of Depreciation and Amortisation (Amendments to IAS 16 and IAS 38), issued in May 2014, amended paragraphs 92 and 98 and added paragraphs 98A⁠–⁠98C. An entity shall apply those amendments prospectively for annual periods beginning on or after 1 January 2016. If an entity applies those amendments for an earlier period it shall disclose that fact. What are tangible and intangible assets in […]

Read More